SEC Confirms Ethereum As Legal Usable Currency, Terms KIN Token As Securities In A Lawsuit

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The legality of Bitcoin and Ethereum as a legit currency has been under the scanner for a long time. However, speculations were ended on June 5, when the Securities and Exchange Commission (SEC) confirmed Ethereum as a legal tender and usable foreign currency. In a lawsuit against Kik’s (KIN) token sale, the reiterated its comment …

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